A revocable living trust is typically the central document of an estate plan, so being able to counsel clients as to the best structure for their specific circumstances is an important skill. Clients look to their attorney for guidance on how best to implement their wishes with respect to the disposition of their property without creating an administrative mess.
This program gives you the essential foundational knowledge and understanding that you need to effectively structure a revocable living trust for a variety of client scenarios. In addition to providing information on advising clients and drafting options, the expert panelists examine revocable living trusts from a trust administration standpoint to flag what works and what doesn’t work. Hone your craft with expert guidance!
This program gives you the essential foundational knowledge and understanding that you need to effectively structure a revocable living trust for a variety of client scenarios. In addition to providing information on advising clients and drafting options, the expert panelists examine revocable living trusts from a trust administration standpoint to flag what works and what doesn’t work. Hone your craft with expert guidance!
Course Content
9:00 - 9:15 am: Overview of Massachusetts Estate Tax and Federal Estate, Gift, and GST Tax Laws
9:15 - 9:35 am: Overview of Basic Trust Terminology
9:35 - 9:45 am: Trust Provisions While Grantor Is Living
9:45 - 10:05 am: Structure for Surviving Spouse - Credit Shelter Trust and Marital Trust
10:05 - 10:25 am: Trust Structure for Children and More Remote Descendants - Creditor Protection Considerations
10:30 - 10:45 am: Trustee Selection
11:05 - 11:25 am: Revocable Trusts: Retirement Benefit Provisions
11:25 - 11:40 pm: Miscellaneous Provisions Integral to Trust Administration
11:40 - 11:55 pm: Trust Funding
